$3,650,000
2,081 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73308270, Jing Tu, Listing Office: Senne
Is South End, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, South End was a Seller's Market.
Key Takeaway
South End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South End, MA
How much do homes in South End, MA cost?
Median Sold Price
$1,393,766
$1,186/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$144,766(+11.6%)
Key Takeaway
Homes in South End have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in South End was $1,393,766 in September 2024, up 11.6% from last year, and the median price per square foot was $1,186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $787K | $770K | -2.2% |
| 2 Bedrooms | $1.2M | $1.3M | +6.5% |
| 3 Bedrooms | $2.2M | $2.5M | +14.4% |
| 4 Bedrooms | $3.3M | $3.2M | -1.8% |
| 5+ Bedrooms | $3.8M | $3.5M | -7.9% |
Summary: South End housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 7.9%.
Housing Supply in South End, MA
How many homes are available in South End, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 123 | 165 | +34.1% |
Summary: The South End real estate market had 165 homes for sale in September 2024, a 34.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 41 | +24.2% |
| 2 Bedrooms | 45 | 70 | +55.6% |
| 3 Bedrooms | 27 | 39 | +44.4% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The South End housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 36 | 19 | -47.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South End, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in South End in September 2024, down by 47.2% month-over-month. Of the 19 sold homes, 74% were sold under asking, 16% were sold at asking, and 11% were sold over asking.
Days on Market for South End, MA
How long does it take to sell a home in South End, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 47 Days | 49 Days | +4.8% |
Summary: Homes in South End had an average of 49 days on market in Sep 2024, up by 4.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South End are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 19 homes were sold in South End; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
